Depending on the county in which you intend to conduct business, a DBA filing in Michigan has a range of fees. The price often falls between $10 to $25. Additionally, a local newspaper notice of your DBA must be published. Depending on the publication, this might cost anywhere from $30 to $150.
In Michigan, you can submit a DBA online. The majority of Michigan’s counties have an online filing system, which makes it simple to register your DBA from the convenience of your home or workplace. Do I Need to Register a DBA in Michigan?
As was already said, you must file a DBA with the state of Michigan if you intend to operate your business under a name other than your own. This covers companies, partnerships, and single proprietorships. You can use a business name lawfully without having to establish a different legal entity, like an LLC, by submitting a DBA.
Depending on your company’s needs, you should decide whether to register a DBA or create an LLC. A DBA is the best option if you’re a lone proprietor or partnership and want to operate your firm under a name other than your own. However, creating an LLC can be a better choice if you’re searching for greater personal asset protection and tax advantages.
Although it’s advised, a DBA doesn’t always require a separate bank account. For record-keeping and tax reasons, it’s crucial to keep your personal and corporate finances separate. A separate bank account for your DBA can also help you build business credit and make it simpler to keep track of your costs.
To sum up, registering a DBA in Michigan is crucial if you want to launch a business under a name other than your own. The cost varies by county, however the majority of counties offer an online filing system. Depending on your company’s demands, you should decide whether to register a DBA or create an LLC. It’s also a good idea to establish a separate bank account for your DBA.